Company Bolsters Channel Penetration of End-to-End Data Protection Offerings by Aligning with Canada's Leading Branch Outsourcing Company
SAN DIEGO, Dec. 17 /PRNewswire-FirstCall/ -- Overland Storage, Inc.
(Nasdaq: OVRL) today announced that it has entered into an exclusive sales and
marketing relationship with Keating Technologies, a company that provides
leading branch outsourcing services to the Canadian marketplace. As Overland's
representative in Canada, Keating will deliver integrated sales and marketing
services to value-added resellers and distributors of Overland's complete
array of end-to-end data protection solutions, including REO SERIES(R)
disk-based VTL appliances, NEO SERIES(R) and ARCvault(TM) tape libraries, Snap
Server(R) NAS appliances and ULTAMUS(R) RAID high-performance storage.
According to Ravi Pendekanti, vice president of worldwide sales and
marketing for Overland Storage, the alliance with Keating Technologies will
enable Overland to accelerate its momentum in the Canadian marketplace while
ensuring that its customers receive the highest levels of responsive service
and support. "We are delighted to partner with Keating Technologies as they
are an acknowledged leader with a strong track record of helping U.S.-based
technology companies build a strong marketing presence throughout Canada," he
says. "Keating's stellar business reputation and in-depth knowledge of the
storage industry will prove invaluable in elevating Overland's brand awareness
in Canada while enabling us to steadily accelerate our sales growth within the
region."
"Overland Storage is a leading innovator of data protection storage
appliances for the small, mid-sized and distributed enterprise markets," said
Larry J. Keating, president and CEO of Keating Technologies. "With their
recent acquisition of the Snap Server product line from Adaptec, Overland has
a well rounded family of products consisting of SAN, NAS, Disk and Tape
back-up and we are excited to help them grow in the Canadian market."
More than 1.5 exabytes of storage are safeguarded by Overland's family of
data protection products, which are deployed by mid-range and distributed
organizations worldwide. Many of the world's leaders in the financial
services, healthcare, education, oil and gas, law enforcement and
manufacturing industries trust Overland to keep their mission-critical data
optimized, protected and readily available.
About Keating Technologies
Keating Technologies, headquartered in Markham (northeast Toronto),
Ontario, is a three-time winner of Canada's 50 Best Managed Companies Program.
As Canada's leading branch outsourcing service to the high technology
industry, the company has been responsible for bringing more than $1 billion
in technology products and services to Canadian businesses and consumers.
Keating provides Total Market Management(R) services, including sales,
marketing and customer support through its offices in Vancouver and Markham.
For more information, visit Keating's web site at http://www.keating.com
About Overland Storage
Overland Storage provides affordable end-to-end data protection solutions
that are engineered to store smarter, protect faster and extend
anywhere -- across networked storage, media types, and multi-site
environments. Overland Storage products include award-winning NEO SERIES(R)
and ARCvault(R) tape libraries, REO SERIES(R) disk-based backup and recovery
appliances with VTL capabilities, Snap Server(R) NAS appliances, and
ULTAMUS(R) RAID high-performance, high-density storage. Overland sells its
products through leading OEMs, commercial distributors, storage integrators
and value-added resellers. For more information, visit Overland's web site at
http://www.overlandstorage.com
Except for the factual statements made herein, the information contained
in this news release consists of forward-looking statements that involve
risks, uncertainties and assumptions that are difficult to predict. Words and
expressions reflecting optimism, satisfaction or disappointment with current
prospects, as well as words such as "believe," "hopes," "intends,"
"estimates," "expects," "projects," "plans," "anticipates" and variations
thereof, identify forward-looking statements, but their absence does not mean
that a statement is not forward-looking. Such forward-looking statements are
not guarantees of performance and the company's actual results could differ
materially from those contained in such statements. Factors that could cause
or contribute to such differences include: unexpected delays or costs related
to the acquisition and integration of the Snap business; possible delays in
new product introductions and shipments; failure to achieve desired benefits
from cost-cutting measures; market acceptance of the company's new product
offerings; the ability to maintain strong relationships with branded channel
partners; the timing and market acceptance of new product introductions by
competitors; worldwide information technology spending levels; unexpected
shortages of critical components; rescheduling or cancellation of customer
orders; loss of a major customer; general competition and price pressures in
the marketplace; the company's ability to control costs and expenses; and
general economic conditions. Reference is also made to other factors detailed
from time to time in the company's periodic reports filed with the Securities
and Exchange Commission. These forward-looking statements speak only as of the
date of this release and the company undertakes no obligation to publicly
update any forward-looking statements to reflect new information, events or
circumstances after the date of this release.
Keating name and Keating Technologies is a registered trademark of Keating
Technologies Inc.
Overland, Overland Storage, REO Series, REO, NEO Series, NEO, ARCvault,
ULTAMUS, Snap Server, GuardianOS and Snap Enterprise Data Replicator are
trademarks of Overland Storage, Inc.
SOURCE Overland Storage, Inc.
CONTACT: Sue Hetzel of HetzelMeade Communications for Overland,
+1-760-434-9927, sue@hetzelmeade.com; or Tina Bester, Marketing Communications
Specialist of Keating Technologies Inc., +1-905-305-6519,
tbester@keating.com
Web site: http://www.overlandstorage.com
http://www.keating.com
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